Daft.ie research of property register shows 6 months of stabilisation

Daft.ie, Ireland’s biggest property website, has today launched research into the Residential Property Price Register which shows that house prices have stabilised in the last six months to October and that the average gap between asking prices and transactional prices is over 10%.

The research has been conducted by matching properties from the PRSA’spropertypriceregister.ie with Daft.ie, allowing property attributes like locality, no. of bedrooms and property type to be included to create a price index.

Commenting on the launch of the research paper, Ronan Lyons, Economist with Daft.ie said; “By enriching the RPPR data with property attributes from the Daft database, we were able to  conduct analysis on the RPPR and present a RPPR house price index, trends in average house prices by region and the typical gap between asking prices and transaction prices.”

The full research paper can be found here

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